Asian ADRs Edge Higher

American depository receipts of Asian stocks were trading 0.07% higher at 147.77 on the Bank of New York Mellon Asia ADR Index on Wednesday.

In North Asia, the gainers were led by online game publisher Gravity (GRVY), and solar equipment provider SPI Energy (SPI), which rose 6.7% and 6.3% respectively. They were followed by ATA (ATAI), a provider of computer-based testing services in China, up 4.9%, and internet service provider Internet Initiative Japan (IIJI), up 3.6%.

The decliners in North Asia were led by 51job (JOBS), a provider of human resource services in China, and Himax Technologies (HIMX), a fabless semiconductor solution provider, which fell 3.7% and 2.6% respectively. They were followed by polysilicon manufacturer Daqo New Energy (DQ), down 1.6%, and electric utility company Korea Electric Power (KEP), off 1.4%.

In South Asia, the gainers were led by telecommunications service provider PLDT (PHI), and ICICI Bank (IBN), which rose 1.4% and 0.8% respectively. They were followed by automaker Tata Motors (TTM), and WNS Holdings (WNS), a provider of business process management services, which increased 0.7% and 0.5% respectively.